{"id":229,"date":"2021-07-22T00:04:37","date_gmt":"2021-07-22T05:04:37","guid":{"rendered":"http:\/\/iqonicthemes.com\/wp-themes\/wordpress\/appino\/vizion3\/?p=229"},"modified":"2021-07-22T11:50:09","modified_gmt":"2021-07-22T16:50:09","slug":"construction-of-industry","status":"publish","type":"post","link":"https:\/\/www.uneelabs.com\/?p=229","title":{"rendered":"DIGITAL TWIN"},"content":{"rendered":"<div class=\"blog-content\">\n<h4 class=\"mb-2\">Innovation that will drive efficiency &amp; reduce operational costs while managing risk and maintaining safety.<\/h4>\n<p>Unscheduled downtime or outages can cost asset owners and managers Millions $ per day. More than half of such incidents are due to various types of mechanical failures. On top of this, poor information management is a hidden cost that accounts for up to 20% of operational budgets.<\/p>\n<p>Overhead like this puts the viability of an asset in constant jeopardy, especially if operating an asset on low operational margins.<\/p>\n<p>The answer to help mitigate this type of risk and enhance asset information management lies within predictive analytics and leveraging the concept of a <strong>\u2018Digital Twin.\u2019<\/strong><\/p>\n<blockquote class=\"quote-style\"><p><strong>Simulation and Algorithms<\/strong> \u2013 In our work, the highest fidelity form of the digital twin is the simulation model.<\/p><\/blockquote>\n<p>Insights are gained from very large amounts of data, which have far-reaching impact on how large, complex assets are managed. Might industries such as shipping, oil\/gas production, and oil\/gas process, storage, and delivery represent a promising frontier of big data and predictive analytics.<\/p>\n<h4 class=\"mb-2\">Where to begin?<\/h4>\n<p>The basic idea is to create a digital representation of the physical system under study, and then use the digital counterpart to understand and subsequently control the physical system.<\/p>\n<p>Leveraging a faithful and behavioral replica of the physical system, gives us the ability to indicate how the system would function under a variety of conditions, both real and hypothetical.<\/p>\n<\/div>\n<p>At UNEE, we help owners and\/or operates create a virtual, digital image of their assets providing powerful business insights and asset diagnostics.<\/p>\n<h4><a href=\"https:\/\/www.uneelabs.com\/?page_id=161\" target=\"_blank\" rel=\"noopener\"><strong>Contact Us to get our Digital Twin Primer document today!<\/strong><\/a><\/h4>\n<div class=\"blog-content\">\n<p class=\"\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Innovation that will drive efficiency &amp; reduce operational costs while managing risk and maintaining safety. Unscheduled downtime or outages can cost asset owners and managers Millions $ per day. More than half of such incidents are due to various types of mechanical failures. On top of this, poor information management is a hidden cost that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analytics"],"_links":{"self":[{"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/posts\/229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=229"}],"version-history":[{"count":5,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/posts\/229\/revisions"}],"predecessor-version":[{"id":1344,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/posts\/229\/revisions\/1344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=\/wp\/v2\/media\/1316"}],"wp:attachment":[{"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uneelabs.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}